Deepwater Asset Management’s Gene Munster has revised his forecast for EV adoption in the U.S., now predicting a 25% market share by 2030. He attributes this slowdown to consumer concerns about charging infrastructure, range, and higher costs compared to gas vehicles. Despite the slowdown, Munster remains optimistic about the long-term future of EVs, citing the upcoming release of over 30 new EV models by the end of 2025.
Results for: Deepwater Asset Management
In a recent appearance on CNBC’s ‘Fast Money,’ Gene Munster of Deepwater Asset Management offered his insights on Apple’s latest quarterly results and the company’s prospects for the future.
Gene Munster, Managing Partner at Deepwater Asset Management, provided his insights on Tesla’s quarterly results during a segment on CNBC’s ‘Fast Money’ program. Munster discussed the company’s strong performance, its ongoing challenges, and his outlook for the future.